Published: 2026-05-15T02:47:16.000Z
Chart USD/THB Update: Pressuring 32.50 resistance, scope for break
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Higher in consolidation to pressure resistance at 32.50
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.90 | * | Oct high, congestion | S1 | 32.20 | * | congestion | |
| R3 | 32.80/85 | ** | congestion | S2 | 32.03 | ** | 6 May low | |
| R2 | 32.60 | congestion | S3 | 31.90 | * | Feb high | ||
| R1 | 32.50 | * | congestion | S4 | 31.74 | ** | Apr low |
Asterisk denotes strength of level
02:45 GMT - Higher in consolidation to pressure resistance at 32.50. Break here will further extend gains from the 32.03 low of last week and see room to the 32.60. Break here, if seen, will return focus to the strong resistance at the 32.80/32.85 congestion and 30 April high. Gains are extend to give way to renewed selling pressure later and break of the 32.20 support and 32.03 low will open up room to retest support at 31.90 then the 31.74, April low. Below the latter will see deeper pullback to retrace the January/March rally towards strong support at the 31.70/31.60 area.